BREAKING: Canadian unemployment rate above expectations

We have just learned the January data from the Canadian economy. The data showed a decline in employment and the unemployment rate accelerated to 6.5%.

- Canadian Net Change In Employment Jan: Actual: -200.1K (Est -110.0K; Prev 78.6K)
- Unemployment Rate Jan: Actual: 6.5% (Est 6.3%; Prev 6.0%)
- Full Time Employment Change: Actual: -82.7K (Prev 142.8K)
- Part Time Employment Change Jan: Actual: -117.4K (Prev -64.3K)

- Canadian Hourly Wages Rate Perm. Employees Jan: Actual: 2.4% (Est 2.1%; Prev 2.7%)
- Participation Rate Jan: Actual: 65.0% (Est 65.2%; Prev 65.4%)

Good data from the US and worse data from Canada strengthen the US dollar against CAD. Source: xStation 5

12 June 2026, 15:08

BREAKING: USDIDX decline despite strong University of Michigan data

12 June 2026, 12:41

French luxury companies and banks gain as the inflation rises

12 June 2026, 12:25

UK GDP Contracted and the Pound is Up? 🇬🇧 💷

12 June 2026, 08:36

Macro Calendar: Wrapping up an intense week (12.06.2026)

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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